Unaffiliated insurance agent definition

Unaffiliated insurance agent means a licensed
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Unaffiliated insurance agent means a licensed insurance agent, except a limited lines agent, who is self-appointed and who practices as an independent consultant in the business of analyzing or abstracting insurance policies, providing insurance advice or coun- seling, or making specific recommendations or compar- isons of insurance products for a fee established in advance by written contract signed by the parties. An unaffiliated insurance agent may not be affiliated with an insurer, insurer-appointed insurance agent, or insur- ance agency contracted with or employing insurer- appointed insurance agents.
Sample 1
Unaffiliated insurance agent means a licensed insurance agent, except a limited lines agent, who is self- appointed and who practices as an independent consultant in the business of analyzing or abstracting insurance policies,
Sample 1

Related to Unaffiliated insurance agent

  • insurance agent means, subject to subsection (2), any person who for any compensation and through any medium does one or more of the following:

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Qualified Insurer A mortgage guaranty insurance company duly authorized and licensed where required by law to transact mortgage guaranty insurance business and approved as an insurer by Xxxxxx Xxx or Xxxxxxx Mac.

  • R&W Insurer means AIG Specialty Insurance Company.

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • Bail bond insurance means a guarantee that a person will attend court when

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Domestic insurer means an insurer organized under the laws of this state.

  • Blanket insurance policy means a group policy covering a defined class of

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Bond Insurance Policy means the financial guaranty insurance policy issued by the Bond Insurer insuring the payment when due of the principal of and interest on the Bonds as provided therein.

  • insurance intermediary means any natural or legal person, other than an insurance or reinsurance undertaking or their employees and other than an ancillary insurance intermediary, who, for remuneration, takes up or pursues the activity of insurance distribution;

  • Controlled insurer means a licensed insurer that is either directly or indirectly